#Whale Sells WBTC for Millions in Profit#
Hot Topic Overview
Overview
Recently, an ETH whale known for its scalping operations has attracted attention in the market. After 25 rounds of scalping, the whale ultimately ended with a profit of $905,000. Notably, during the operation, the whale borrowed 100 WBTC from Aave and sold all of them at a price of $100,706 within 15 minutes, realizing a profit of approximately $10.11 million. This series of operations demonstrates the whale's accurate judgment of market trends and keen sense, as well as reflecting its strong strength in the market.
Ace Hot Topic Analysis
Analysis
Recently, a trader dubbed the “ETH Scalping Whale” has garnered widespread attention in the market. The whale initially borrowed 100 WBTC from Aave and sold them all within 15 minutes at $100,706, generating a profit of approximately $10.11 million. Subsequently, the whale proceeded with its 25th round of scalping operations, ultimately selling the remaining 2783 ETH from its main wallet address, resulting in a $480,000 profit. Despite experiencing a $1.475 million unrealized loss during the operation, the whale ultimately concluded this round of scalping with a $905,000 gain. This series of actions indicates that the whale possesses acute market foresight and the ability to precisely seize trading opportunities, thereby profiting from market fluctuations. However, its operations have also sparked speculation within the market regarding its strategy and market direction. Some analysts believe that the whale’s selling actions may signal an impending market correction, while others contend that the whale’s gains are merely a short-term phenomenon and do not reflect the overall market trend.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whales profit from ETH through band operations, demonstrating their keen insight and operating skills on market trends.
Giant whales use lending platform Aave to lend WBTC and sell, reflecting their ability to flexibly use financial tools.
Giant whales' selling behavior may have some impact on the market, and investors need to carefully observe market dynamics.
Giant whales' operational strategies are worth learning from by investors, but risk control should be noted to avoid blind following.